Anthropic’s annualized revenue surges to $65B

Anthropic's annualized revenue has reached $65 billion, reflecting rapid growth in the AI sector and high investor expectations. The company is reportedly preparing for a massive IPO, potentially aiming for a valuation exceeding $2 trillion.
Why it matters
The financial performance of AI model makers signals the massive scale of capital investment and market expectations surrounding generative AI.
Anthropic’s revenue continues to not only grow at an historic pace but also to accelerate. The model maker’s annualized revenue run rate — a projection of a full year’s revenue based on a recent, shorter period —surpassed $65 billion at the end of July, Bloomberg reported on Monday, up from $47 billion in May and just $9 billion at the end of last year.
Anthropic didn’t immediately respond to our request for comment.
The company’s investors expect it to continue to grow at approximately the same rate for the remainder of the year, finishing 2026 between $100 billion and $120 billion , the Financial Times reported.
Meanwhile, rival OpenAI has doubled its revenue to $40 billion, up from $20 billion at the end of 2025, Bloomberg reported last week .
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